Opportunities & Challenges

In a highly regulated and competitive industry, the key challenge for the manufacturers is to ensure product quality, reliability, and patient safety throughout the medical device lifecycle.

While an early launch of a medical device in the market could lead to significant market share and maximum ROI, manufacturers with ineffective testing strategies go through prolonged testing cycles. This may also potentially lead to product recalls high cost of maintenance and dwindling customer confidence. To achieve product commercialization goals, companies are finding ways to accelerate product development through automation-based optimized V&V programs.